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An investment offers $5,784 per year for 9 years, with the first payment occurring 9 years from now. If the required return is 7 percent,

An investment offers $5,784 per year for 9 years, with the first payment occurring 9 years from now. If the required return is 7 percent, what is the value of the investment? (Enter the answer with 2 decimal places (e.g. 23.45)

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